Source: Akarat Phasura – Shutterstock
- Vechain rolls out a new mobile wallet UI with groundbreaking features.
- Binance and Coinbase strengthen VET’s credibility in a recent announcement.
In a recently held Web3 Sustainability Masterclass, Vineet Singh, the product manager at VeWorld rolled out a snippet of VeChain’s latest mobile wallet UI to the audience during the weekend.
Singh highlighted the features of the application, which is designed to offer users a more seamless experience. Vechain announced.
VeWorld changes the self-custody wallet landscape of vechain, introducing many powerful new features and upgrades for the ecosystem, including: Fiat on/off ramp, Native currency displays, NFT collection browser integration, In-built web browser, DEX integration for easy VET <> VTHO swaps.
The UI will also allow for a more seamless dApp experience, ledger compatibility, Configurable Fee delegation (designated account pays Tx fees for another account), Upgraded Node rewards dApp and Cross-chain bridges. The application is scheduled to launch within the third quarter of the year and is poised to open up a new era of possibilities on vechainThor.
VeWorld Product Manager, Vineet Singh, gave the #Web3 for #Sustainability Masterclass attendees a sneak peak of our new mobile wallet’s UI this weekend.
VeWorld changes the self-custody wallet landscape of #vechain, introducing many powerful new features and upgrades for the… pic.twitter.com/WuOjfUPcOE
— vechain (@vechainofficial) June 29, 2023
Meanwhile, adoption for Vechain has continued to soar across different ecosystems. In June, the leading cryptocurrency exchange platform Coinbase, took to Twitter to reveal that it was increasing transparency for new asset listings on the exchange platform.
In an official announcement, Coinbase revealed that it will list VeChain (VET) and VeThor (VTHO) on its platform and that trading and transfers will be supported once an official listing announcement is made.
Assets added to the roadmap today: VeChain (VET) and VeThor (VTHO)https://t.co/rRB9d3hSr2
— Coinbase Assets 🛡️ (@CoinbaseAssets) June 22, 2023
Coinbase reveals the reason behind the upcoming VET listing
Explaining the reasoning behind the listing, Coinbase explained that assets like Vechain meet the exchange’s legal standards. Notably, Coinbase does not consider these assets’ market cap or popularity. The announcement explained.
As mentioned during our launch of Asset Hub, our goal is to list every asset possible that meets our standards for legal, compliance and technical security. These standards do not take into account the market cap or popularity of a project. This means there are assets that we have concluded do not meet our standards and thus will not be listed on Coinbase at this time.
Similarly, Binance, another leading cryptocurrency exchange, updated its trading offerings. Binance announced on the 23rd of June and further disclosed that only 10 of over 150 digital currencies listed on its platform will be traded directly against the USD.
The tokens on the list include Vechain (VET), BNB (BNB), Bitcoin (BTC), Cardano (ADA), Ethereum (ETH), Litecoin (LTC), Polygon (MATIC), Solana (SOL), Tether (USDT) and USD Coin (USDC).
The recent developments signify notable growth in the adoption levels of the Vechain (VET). With VET making the list of the top 10 cryptocurrencies trading against USD and USDT on Coinbase, the asset will become even more accessible to a wider audience. Investors and traders will have the ability to grace and purchase VET using their USD easily. This will also eliminate the process of converting their USD to digital currencies first.
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Read More: www.crypto-news-flash.com